We share information about our assets twice a year in an investment holdings report. The report details the names of the funds we invest in, the local currency (ie ‘USD’ for ‘US dollars’), the industry (ie technology) and the value of each holding. 

Where the data is available and to ensure transparency with respect to the Fund’s investments, the 'Equity' section lists the holdings representing the underlying constituents of the respective pooled funds.

Pooled Funds
Security Cross Reference Type Security Cross Reference Description of Asset Local Currency Code Major Industry Name Base Market Value
SED /JE/INCOME PLUS REAL ESTATE DE GBP FINANCIALS 2,594,221.05
SED ABRDN LIFE LONG LEASE C2 STANDARD LIFE LONG LEASE P C2 GBP FINANCIALS 27,306,304.16
SED ABRDN LIFE LONG LEASE C3 STANDARD LIFE LONG LEASE P C3 GBP FINANCIALS 69,505,826.59
SED ABRDN LIFE LONG LEASE PF GBP FINANCIALS 96,366,235.48
SED APF ABSOLUTE RETURN STRATEGIES APF ABSOLUTE RETURN STRATEGIES USD FINANCIALS 15,265,364.99
SED ARES SR DIRECTLEND 03 ARES SR DIRECTLEND 03 GBP FINANCIALS 8,439,766.15
SED BARINGS NORTH AMERICA PVT 03 PRIVATE LOAN 03 GBP FINANCIALS 7,098,082.14
SED BLACKROCK EURO MID MKT III GBP FINANCIALS 28,444,655.80
SED BZ01Y94 BLACKROCK LIABILITY SOL MUTUAL FUND GBP MUTUAL FUNDS 1,332,711,515.95
SED 0520199 BLACKROCK UK PROPERTY FUND BLACKROCK UK PROPERTY FUND GBP PROPERTY 18,941,399.31
SED CAPITAL DYNAMICS CLEAN ENERGY INFRASTRUCTURE VII A, L.P. USD UTILITIES 18,982,206.02
SED CAPITAL DYNAMICS CLEAN ENERGY INFRASTRUCTURE VIII SCSP GBP UTILITIES 39,753,477.46
SED BYXWBS5 CBRE GLOBAL INVESTORS UK PROPERTY FUND GBP FINANCIALS 18,797,743.07
SED CORE INFRA FUND II SCS CL B EUR FINANCIALS 7,340,119.98
SED BNG2T92 CQS GLOBAL FUNDS MUTUAL FUND GBP FINANCIALS 83,024,032.00
SED DIRECT LENDING FUND IV (B)SLP DIRECT LENDING FUND IV (B)SLP GBP FINANCIALS 13,865,455.33
SED FORESIGHT REGIONAL INVESTMENT FORESIGHT REGIONAL INVESTMENT GBP FINANCIALS 3,569,193.42
SED GPGG FTSE PAB DEV EQ IDX OFC GBP FINANCIALS 510,669,139.61
SED GREENCOAT GRI LP GBP FINANCIALS 85,488,163.21
SED GREENCOAT GRI LP (C2) GBP FINANCIALS 40,974,929.08
SED GREENCOAT GRI LP(C3) GREENCOAT GRI LP(C3) GBP FINANCIALS 87,361,150.73
SED GREENCOAT WESSEX GARDENS LP GREENCOAT WESSEX GARDENS LP GBP FINANCIALS 34,744,052.39
SED ICG SNR DEBT PARTNERS FUND 05 GBP FINANCIALS 11,776,003.12
SED IFM GLOBAL INFRASTRUCTURE (UK) GBP LP CL D INTEREST GBP FINANCIALS 256,837,064.36
SED INCOME PLUS REAL ESTATE DEBT F GBP FINANCIALS 3,672,741.22
SED BSTJTG2 INDUSTRIAL PROPERTY INVESTMENT MUTUAL FUND GBP FINANCIALS 17,258,092.40
SED B3F8140 ISHARES CORE GLOBAL AGGREGATE ISHARES CORE GLB AGG BOND USD MUTUAL FUNDS 1,495,103.06
SED B580X30 ISHARES CORE MSCI PACIFIC EX J ISHARES CORE MSCI PACIF X JP GBP FINANCIALS 5,748,208.65
SED B1G52V0 ISHARES GBP INDEX LINKED GILTS ISHARES GBP INDEX LNK GILTS GBP FINANCIALS 3,545,080.22
SED B83XJ48 ISHARES GLOBAL CORP BOND UCITS ISHARES GLOBAL CORP GBP FINANCIALS 3,674,911.04
SED BKPFR31 ISHARES MSCI EMU PARIS ALIGNED ISHARES MSCI EMU PARIS ACC EUR FINANCIALS 3,802,801.07
SED BNQSD87 ISHARES MSCI JAPAN SCREENED UC ISH MSCI JPN SCD UCTS ETF UA GBP UNAVAILABLE 503,608.32
SED BMC9NS7 ISHARES S+P 500 PARIS ALIGNED ISHARES S+P500 PARIS ALGND A USD FINANCIALS 7,123,722.43
SED JPMORGAN FUNDS DIVERSIFIED R JPM DIVERSIFIED RISK X GBP GBP MUTUAL FUNDS 98,230,845.49
SED LO FUNDS ALL ROADS LO FDS ALL ROADS X1SHGBPIA GBP MUTUAL FUNDS 138,733,238.02
SED M G UK RESID PROP FD FIS CL C GBP FINANCIALS 8,757,829.37
SED M+G SECURED INCOME PROPERTY MUTUAL FUND GBP FINANCIALS 103,327,516.05
SED M+G SECURED PROPERTY INCOME FU CYCLE 3 GBP FINANCIALS 70,736,488.40
SED B1Z72R3 M+G SECURED PROPERTY INCOME FU M+G SECURED PROPERTY INCOME GBP FINANCIALS 28,142,581.76
SED MANAGED PROPERTY C MANAGED PROPERTY GBP FINANCIALS 14,990,957.23
SED NB PRIVATE DEBT 05 LUX (B) GBP FINANCIALS 10,845,591.14
SED NEUBERGER BERMAN BRUNEL MULTI NEUER BEN BREL MU AD I2AGBPA GBP FINANCIALS 224,351,802.88
SED NTR RENEWABLE ENERGY INCOME II EUR UTILITIES 19,530,506.17
SED BNG2RX2 OAKTREE (LUX) III SA SICAV MUTUAL FUND GBP FINANCIALS 79,924,132.54
SED OCTOPUS AFFORDABLE HOUSING FEEDER FUND I LP GBP FINANCIALS 15,585,740.72
SED OCTOPUS HEALTHCARE FUND OCTOPUS HEALTHCARE FUND GBP FINANCIALS 7,063,700.81
SED ORCHARD STREET SOCIAL AND ENVI ENVIRONMENTAL IMPACT GBP FINANCIALS 7,972,431.69
SED PARTNERS GR GLOB REAL ESTATE 2 PARTNERS GR GLOB REAL ESTATE 2 EUR FINANCIALS 65,495,717.80
SED PARTNERS GROUP ASIA PACIFIC RE PARTNERS GROUP ASIA PACIFIC RE USD FINANCIALS 9,156,256.63
SED PARTNERS GRP ASIA PACIFIC + EM PARTNERS GRP ASIA PACIFIC + EM USD FINANCIALS 118,024.43
SED PARTNERS GRP DIRECT REAL EST 2 PARTNERS GRP DIRECT REAL EST 2 USD FINANCIALS 1,079,410.35
SED PARTNERS GRP REAL EST SEC2013 PARTNERS GRP REAL EST SEC2013 EUR FINANCIALS 2,505,056.38
SED PARTNERS GRP REAL ESTATE SECON PARTNERS GRP REAL ESTATE SECON EUR FINANCIALS 1,254,512.09
SED PGIM UK AFFORDABLE HOUSING FUND GBP FINANCIALS 11,866,162.78
SED PRIVATE DEBT PORT CYCLE II GBP FINANCIALS 208,536,775.38
SED PRTNS GRP GLOBAL REAL EST 2011 PRTNS GRP GLOBAL REAL EST 2011 EUR FINANCIALS 441,099.88
SED B8215Z6 SCHRODER UK REAL ESTATE FUND SCHRODER UK REAL ESTATE INC GBP FINANCIALS 19,789,514.64
SED STEPSTONE B II RENEWABLES GBP FINANCIALS 92,513,268.96
SED STEPSTONE B III GBP FINANCIALS 25,628,593.43
SED STEPSTONE B INFRASTRUCTURE FUND GBP FINANCIALS 33,779,950.99
SED 0508667 THREADNEEDLE PROPERTY UNIT TRU THREADNEEDLE PROPERTY UT INC GBP FINANCIALS 24,187,568.85
SED TM FULCRUM DIVERSIFIED CORE AB THESIS TM FUL DV CO AR C GBP GBP MUTUAL FUNDS 105,265,720.03
SED BRB2VV1 TRITAX LONDON LOGISTICS UNIT T MUTUAL FUND GBP FINANCIALS 6,326,265.62
SED 0923828 UBS GBL ASSET MGT TRITON PROPERTY UNIT TRUST GBP OTHER GROUPS 22,380,382.78
SED UBS IRL INVESTOR SELECTION C UBS CURR ALLO RET STR GBPUBA GBP MUTUAL FUNDS 60,137,073.73
SED UBS LIFE SCIENCES TRUST GBP FINANCIALS 5,805,314.53
4,391,140,401.36
Equity
Security Cross Reference Type Security Cross Reference Description of Asset Local Currency Code Major Industry Name Base Market Value
SED 3I GROUP PLC COMMON STOCK GBP.738636 GBP FINANCIALS 4,069,943.33
SED ABB LTD REG COMMON STOCK CHF.12 CHF INDUSTRIALS 5,485,116.56
SED ACCENTURE PLC CL A COMMON STOCK USD.0000225 USD INDUSTRIALS 7,972,267.46
SED ADIDAS AG COMMON STOCK EUR CONSUMER DISCRETIONARY 2,748,632.13
SED ADOBE INC COMMON STOCK USD.0001 USD TECHNOLOGY 1,648,499.12
SED ADVANCED DRAINAGE SYSTEMS IN COMMON STOCK USD.01 USD INDUSTRIALS 1,197,742.30
SED ADVANCED MICRO DEVICES COMMON STOCK USD.01 USD TECHNOLOGY 3,704,461.76
SED ADYEN NV COMMON STOCK EUR.01 EUR INDUSTRIALS 7,002,649.90
SED AGCO CORP COMMON STOCK USD.01 USD INDUSTRIALS 1,612,341.37
SED AGILENT TECHNOLOGIES INC COMMON STOCK USD.01 USD HEALTH CARE 9,126,388.98
SED AGNICO EAGLE MINES LTD COMMON STOCK CAD BASIC MATERIALS 4,925,790.00
SED AIA GROUP LTD COMMON STOCK HKD FINANCIALS 3,583,033.30
SED AIR LIQUIDE SA COMMON STOCK EUR5.5 EUR BASIC MATERIALS 7,097,809.27
SED AIRBNB INC CLASS A COMMON STOCK USD.0001 USD CONSUMER DISCRETIONARY 2,490,191.29
SED AIRBUS SE COMMON STOCK EUR1.0 EUR INDUSTRIALS 1,848,034.78
SED ALCHIP TECHNOLOGIES LTD COMMON STOCK TWD10.0 TWD TECHNOLOGY 2,072,133.00
SED ALIBABA GROUP HOLDING LTD COMMON STOCK USD.000003125 HKD CONSUMER DISCRETIONARY 2,152,564.10
SED ALLIANZ SE REG COMMON STOCK EUR FINANCIALS 986,390.79
SED ALNYLAM PHARMACEUTICALS INC COMMON STOCK USD.01 USD HEALTH CARE 1,197,450.10
SED ALPHABET INC CL A COMMON STOCK USD.001 USD TECHNOLOGY 29,653,325.32
SED AMAZON.COM INC COMMON STOCK USD.01 USD CONSUMER DISCRETIONARY 41,878,388.59
SED AMERICAN INTERNATIONAL GROUP COMMON STOCK USD2.5 USD FINANCIALS 2,231,567.03
SED AMERICAN WATER WORKS CO INC COMMON STOCK USD.01 USD UTILITIES 10,594,838.46
SED AMPHENOL CORP CL A COMMON STOCK USD.001 USD TECHNOLOGY 12,398,278.87
SED AMUNDI SA COMMON STOCK EUR2.5 EUR FINANCIALS 1,406,249.73
SED ANTOFAGASTA PLC COMMON STOCK GBP BASIC MATERIALS 885,199.66
SED APPLE INC COMMON STOCK USD.00001 USD TECHNOLOGY 7,618,583.70
SED APPLOVIN CORP CLASS A COMMON STOCK USD.00003 USD TECHNOLOGY 9,786,055.28
SED ARISTA NETWORKS INC COMMON STOCK USD.0001 USD TELECOMMUNICATIONS 5,108,670.62
SED ARTHUR J GALLAGHER + CO COMMON STOCK USD1.0 USD FINANCIALS 3,728,353.83
SED ASHTEAD GROUP PLC COMMON STOCK GBP.1 GBP INDUSTRIALS 1,965,500.51
SED ASM INTERNATIONAL NV COMMON STOCK EUR.04 EUR TECHNOLOGY 5,751,134.32
SED ASML HOLDING NV COMMON STOCK EUR.09 EUR TECHNOLOGY 24,915,214.17
SED ASTRAZENECA PLC COMMON STOCK USD.25 GBP HEALTH CARE 2,958,470.94
SED ATLAS COPCO AB A SHS COMMON STOCK SEK.16 SEK INDUSTRIALS 3,297,466.68
SED ATLASSIAN CORP CL A COMMON STOCK USD.00001 USD TECHNOLOGY 2,125,219.34
SED AUTOMATIC DATA PROCESSING COMMON STOCK USD.1 USD INDUSTRIALS 12,636,736.91
SED AUTOZONE INC COMMON STOCK USD.01 USD CONSUMER DISCRETIONARY 17,812,978.38
SED BALL CORP COMMON STOCK USD INDUSTRIALS 1,839,128.25
SED BANCO SANTANDER SA COMMON STOCK EUR.5 EUR FINANCIALS 7,149,177.66
SED BANK OF AMERICA CORP COMMON STOCK USD.01 USD FINANCIALS 1,717,663.84
SED BAYER AG REG COMMON STOCK EUR HEALTH CARE 2,299,097.68
SED BAYERISCHE MOTOREN WERKE AG COMMON STOCK EUR1.0 EUR CONSUMER DISCRETIONARY 2,173,584.00
SED BECTON DICKINSON AND CO COMMON STOCK USD1.0 USD HEALTH CARE 3,239,400.66
SED BEONE MEDICINES LTD H COMMON STOCK USD.0001 HKD HEALTH CARE 2,498,500.50
SED BLACKSTONE INC COMMON STOCK USD.00001 USD FINANCIALS 4,690,397.63
SED BNP PARIBAS COMMON STOCK EUR2.0 EUR FINANCIALS 2,812,304.77
SED BOOKING HOLDINGS INC COMMON STOCK USD.008 USD CONSUMER DISCRETIONARY 4,479,577.12
SED BROADCOM INC COMMON STOCK USD TECHNOLOGY 12,118,065.12
SED BROWN + BROWN INC COMMON STOCK USD.1 USD FINANCIALS 3,653,381.03
SED CADENCE DESIGN SYS INC COMMON STOCK USD.01 USD TECHNOLOGY 4,659,299.88
SED CANADIAN PACIFIC KANSAS CITY COMMON STOCK USD INDUSTRIALS 2,005,111.70
SED CAPGEMINI SE COMMON STOCK EUR8.0 EUR TECHNOLOGY 2,170,545.53
SED CAPITAL ONE FINANCIAL CORP COMMON STOCK USD.01 USD INDUSTRIALS 1,539,192.51
SED CARLYLE GROUP INC/THE COMMON STOCK USD1.0 USD FINANCIALS 2,014,647.94
SED CARRIER GLOBAL CORP COMMON STOCK USD.01 USD INDUSTRIALS 4,064,930.49
SED CENTRAL JAPAN RAILWAY CO COMMON STOCK JPY INDUSTRIALS 2,488,220.76
SED CHARTER COMMUNICATIONS INC A COMMON STOCK USD.001 USD TELECOMMUNICATIONS 1,571,203.84
SED CHEMED CORP COMMON STOCK USD1.0 USD HEALTH CARE 2,262,942.32
SED CHUBB LTD COMMON STOCK USD FINANCIALS 5,010,544.78
SED CIE FINANCIERE RICHEMO A REG COMMON STOCK CHF1.0 CHF CONSUMER DISCRETIONARY 5,930,977.84
SED CINTAS CORP COMMON STOCK USD INDUSTRIALS 3,672,316.87
SED CLEAN HARBORS INC COMMON STOCK USD.01 USD UTILITIES 1,590,032.61
SED CLOUDFLARE INC CLASS A COMMON STOCK USD.001 USD TECHNOLOGY 5,841,001.75
SED CME GROUP INC COMMON STOCK USD.01 USD FINANCIALS 7,186,510.68
SED CNH INDUSTRIAL NV COMMON STOCK EUR.01 USD INDUSTRIALS 2,207,827.01
SED COCHLEAR LTD COMMON STOCK AUD HEALTH CARE 3,076,881.92
SED COGNEX CORP COMMON STOCK USD.002 USD INDUSTRIALS 3,678,478.09
SED COMPASS GROUP PLC COMMON STOCK GBP.1105 GBP CONSUMER DISCRETIONARY 7,526,598.83
SED CONOCOPHILLIPS COMMON STOCK USD.01 USD ENERGY 2,142,439.16
SED CONSTELLATION SOFTWARE INC COMMON STOCK CAD TECHNOLOGY 3,373,389.93
SED CONTEMPORARY AMPEREX TECHN A COMMON STOCK CNY1.0 CNY INDUSTRIALS 2,396,978.00
SED COPART INC COMMON STOCK USD CONSUMER DISCRETIONARY 4,064,628.94
SED COSTCO WHOLESALE CORP COMMON STOCK USD.005 USD CONSUMER DISCRETIONARY 5,172,459.32
SED COUPANG INC COMMON STOCK USD.0001 USD CONSUMER DISCRETIONARY 4,497,673.44
SED CREDIT AGRICOLE SA COMMON STOCK EUR3.0 EUR FINANCIALS 1,252,177.06
SED CRH PLC COMMON STOCK EUR.32 USD INDUSTRIALS 3,741,570.40
SED CSL LTD COMMON STOCK AUD HEALTH CARE 1,474,781.26
SED DAIICHI SANKYO CO LTD COMMON STOCK JPY HEALTH CARE 1,700,217.78
SED DAIMLER TRUCK HOLDING AG COMMON STOCK EUR INDUSTRIALS 1,732,016.39
SED DANAHER CORP COMMON STOCK USD.01 USD HEALTH CARE 7,033,055.04
SED DASSAULT SYSTEMES SE COMMON STOCK EUR.1 EUR TECHNOLOGY 994,110.45
SED DATADOG INC CLASS A COMMON STOCK USD.00001 USD TECHNOLOGY 2,259,825.21
SED DBS GROUP HOLDINGS LTD COMMON STOCK SGD FINANCIALS 4,965,737.38
SED DEERE + CO COMMON STOCK USD1.0 USD INDUSTRIALS 1,292,912.13
SED DENSO CORP COMMON STOCK JPY CONSUMER DISCRETIONARY 2,578,586.96
SED DEXCOM INC COMMON STOCK USD.001 USD HEALTH CARE 1,973,687.95
SED DIAGEO PLC COMMON STOCK GBP.2893518 GBP CONSUMER STAPLES 5,785,908.91
SED DSM FIRMENICH AG COMMON STOCK EUR.01 EUR CONSUMER STAPLES 2,790,074.21
SED DSV A/S COMMON STOCK DKK1.0 DKK INDUSTRIALS 1,914,061.33
SED DUOLINGO COMMON STOCK USD.0001 USD CONSUMER DISCRETIONARY 491,524.79
SED EAST JAPAN RAILWAY CO COMMON STOCK JPY INDUSTRIALS 2,722,704.87
SED EATON CORP PLC COMMON STOCK USD.01 USD INDUSTRIALS 3,628,792.72
SED EBAY INC COMMON STOCK USD.001 USD CONSUMER DISCRETIONARY 4,314,226.02
SED ECOLAB INC COMMON STOCK USD1.0 USD BASIC MATERIALS 10,955,910.73
SED EDWARDS LIFESCIENCES CORP COMMON STOCK USD1.0 USD HEALTH CARE 2,618,343.77
SED ELEVANCE HEALTH INC COMMON STOCK USD.01 USD HEALTH CARE 2,017,429.29
SED ELF BEAUTY INC COMMON STOCK USD.01 USD CONSUMER DISCRETIONARY 2,122,655.60
SED ELI LILLY + CO COMMON STOCK USD HEALTH CARE 12,041,402.92
SED EMCOR GROUP INC COMMON STOCK USD.01 USD INDUSTRIALS 1,408,209.31
SED EMERSON ELECTRIC CO COMMON STOCK USD.5 USD INDUSTRIALS 5,488,008.31
SED EQUIFAX INC COMMON STOCK USD1.25 USD INDUSTRIALS 2,049,221.23
SED ERSTE GROUP BANK AG COMMON STOCK EUR FINANCIALS 5,493,044.27
SED ESSENTIAL UTILITIES INC COMMON STOCK USD.5 USD UTILITIES 2,750,763.54
SED ESSILORLUXOTTICA COMMON STOCK EUR.18 EUR HEALTH CARE 3,533,158.92
SED ESSITY AKTIEBOLAG B COMMON STOCK SEK3.35 SEK CONSUMER STAPLES 1,913,375.18
SED EUROFINS SCIENTIFIC COMMON STOCK EUR.1 EUR HEALTH CARE 1,687,534.07
SED FAIR ISAAC CORP COMMON STOCK USD.01 USD INDUSTRIALS 3,359,255.19
SED FAST RETAILING CO LTD COMMON STOCK JPY CONSUMER DISCRETIONARY 2,815,254.71
SED FIRST SOLAR INC COMMON STOCK USD.001 USD ENERGY 2,394,203.87
SED FRESENIUS SE + CO KGAA COMMON STOCK EUR HEALTH CARE 1,662,592.78
SED GALDERMA GROUP AG COMMON STOCK CHF.01 CHF HEALTH CARE 2,855,955.07
SED GARTNER INC COMMON STOCK USD.0005 USD TECHNOLOGY 2,417,998.45
SED GE HEALTHCARE TECHNOLOGY COMMON STOCK USD.01 USD HEALTH CARE 2,130,308.81
SED GEBERIT AG REG COMMON STOCK CHF.1 CHF INDUSTRIALS 3,983,301.85
SED GENERAL MOTORS CO COMMON STOCK USD.01 USD CONSUMER DISCRETIONARY 1,059,662.91
SED GFL ENVIRONMENTAL INC SUB VT COMMON STOCK USD UTILITIES 3,368,832.87
SED GIVAUDAN REG COMMON STOCK CHF10.0 CHF BASIC MATERIALS 3,288,456.29
SED GLENCORE PLC COMMON STOCK USD.01 GBP BASIC MATERIALS 2,845,759.83
SED GRACO INC COMMON STOCK USD1.0 USD INDUSTRIALS 3,552,829.47
SED HALEON PLC COMMON STOCK GBP.01 GBP HEALTH CARE 2,081,718.12
SED HALOZYME THERAPEUTICS INC COMMON STOCK USD.001 USD HEALTH CARE 2,772,355.87
SED HCA HEALTHCARE INC COMMON STOCK USD.01 USD HEALTH CARE 7,222,521.36
SED HERMES INTERNATIONAL COMMON STOCK EUR CONSUMER DISCRETIONARY 1,888,607.88
SED HEXAGON AB B SHS COMMON STOCK EUR.22 SEK TECHNOLOGY 4,317,386.50
SED HOME DEPOT INC COMMON STOCK USD.05 USD CONSUMER DISCRETIONARY 4,714,369.56
SED HORIZON ROBOTICS INC COMMON STOCK USD.0000025 HKD TECHNOLOGY 1,120,554.74
SED HOYA CORP COMMON STOCK JPY HEALTH CARE 4,634,806.00
SED HUBBELL INC COMMON STOCK USD.01 USD INDUSTRIALS 2,618,511.11
SED IBERDROLA SA COMMON STOCK EUR.75 EUR UTILITIES 5,884,012.03
SED IDEX CORP COMMON STOCK USD.01 USD INDUSTRIALS 3,519,478.07
SED INTERCONTINENTAL EXCHANGE IN COMMON STOCK USD.01 USD FINANCIALS 6,043,854.77
SED INTERCONTINENTAL HOTELS GROU COMMON STOCK GBP.2085213 GBP CONSUMER DISCRETIONARY 12,495,467.79
SED INTERTEK GROUP PLC COMMON STOCK GBP.01 GBP INDUSTRIALS 1,892,286.27
SED INTESA SANPAOLO COMMON STOCK EUR FINANCIALS 5,067,951.32
SED INTUIT INC COMMON STOCK USD.01 USD TECHNOLOGY 4,418,843.99
SED INTUITIVE SURGICAL INC COMMON STOCK USD.001 USD HEALTH CARE 5,565,043.96
SED IQVIA HOLDINGS INC COMMON STOCK USD.01 USD HEALTH CARE 5,949,830.85
SED JACK HENRY + ASSOCIATES INC COMMON STOCK USD.01 USD INDUSTRIALS 3,559,232.96
SED JOBY AVIATION INC COMMON STOCK USD.0001 USD INDUSTRIALS 1,374,490.17
SED JOHNSON + JOHNSON COMMON STOCK USD1.0 USD HEALTH CARE 5,057,523.28
SED JULIUS BAER GROUP LTD COMMON STOCK CHF.02 CHF FINANCIALS 2,362,097.62
SED KB FINANCIAL GROUP INC COMMON STOCK KRW5000.0 KRW FINANCIALS 8,310,940.74
SED KBC GROUP NV COMMON STOCK EUR FINANCIALS 1,845,901.44
SED KERING COMMON STOCK EUR4.0 EUR CONSUMER DISCRETIONARY 2,580,384.75
SED KEURIG DR PEPPER INC COMMON STOCK USD.01 USD CONSUMER STAPLES 2,011,306.78
SED KEYENCE CORP COMMON STOCK JPY INDUSTRIALS 10,538,341.09
SED KINSALE CAPITAL GROUP INC COMMON STOCK USD.01 USD FINANCIALS 3,715,712.68
SED KUBOTA CORP COMMON STOCK JPY INDUSTRIALS 1,818,757.88
SED KWEICHOW MOUTAI CO LTD A COMMON STOCK CNY1.0 CNY CONSUMER STAPLES 1,885,833.17
SED LAM RESEARCH CORP COMMON STOCK USD.001 USD TECHNOLOGY 6,713,120.53
SED LASERTEC CORP COMMON STOCK JPY TECHNOLOGY 2,257,903.86
SED LEGAL + GENERAL GROUP PLC COMMON STOCK GBP.025 GBP FINANCIALS 1,650,924.04
SED LEGRAND SA COMMON STOCK EUR4.0 EUR INDUSTRIALS 4,774,609.33
SED LINDE PLC COMMON STOCK USD BASIC MATERIALS 4,770,061.33
SED LITHIA MOTORS INC COMMON STOCK USD CONSUMER DISCRETIONARY 3,412,704.55
SED LKQ CORP COMMON STOCK USD.01 USD CONSUMER DISCRETIONARY 2,750,940.86
SED LODHA DEVELOPERS LTD COMMON STOCK INR10.0 INR REAL ESTATE 1,589,527.15
SED LONDON STOCK EXCHANGE GROUP COMMON STOCK GBP.06918605 GBP FINANCIALS 1,044,912.86
SED LONZA GROUP AG REG COMMON STOCK CHF1.0 CHF HEALTH CARE 5,534,285.18
SED LVMH MOET HENNESSY LOUIS VUI COMMON STOCK EUR.3 EUR CONSUMER DISCRETIONARY 7,400,578.74
SED MARVELL TECHNOLOGY INC COMMON STOCK USD.002 USD TECHNOLOGY 3,014,555.33
SED MASTEC INC COMMON STOCK USD.1 USD INDUSTRIALS 3,915,106.23
SED MASTERCARD INC A COMMON STOCK USD.0001 USD INDUSTRIALS 33,929,737.18
SED MCKESSON CORP COMMON STOCK USD.01 USD CONSUMER STAPLES 4,860,832.98
SED MEITUAN CLASS B COMMON STOCK USD.00001 HKD TECHNOLOGY 2,636,639.26
SED MERCADOLIBRE INC COMMON STOCK USD.001 USD CONSUMER DISCRETIONARY 7,720,790.40
SED MERCK + CO. INC. COMMON STOCK USD.5 USD HEALTH CARE 3,317,840.75
SED METTLER TOLEDO INTERNATIONAL COMMON STOCK USD.01 USD INDUSTRIALS 7,931,917.37
SED MICROSOFT CORP COMMON STOCK USD.00000625 USD TECHNOLOGY 65,645,166.55
SED MIDEA GROUP CO LTD A COMMON STOCK CNY1.0 CNY CONSUMER DISCRETIONARY 2,535,984.87
SED MITSUBISHI ELECTRIC CORP COMMON STOCK JPY INDUSTRIALS 3,250,088.02
SED MKS INC COMMON STOCK USD INDUSTRIALS 1,705,585.61
SED MOLINA HEALTHCARE INC COMMON STOCK USD.001 USD HEALTH CARE 1,548,347.23
SED MOLSON COORS BEVERAGE CO B COMMON STOCK USD.01 USD CONSUMER STAPLES 3,317,440.11
SED MONCLER SPA COMMON STOCK EUR CONSUMER DISCRETIONARY 1,617,948.47
SED MONDELEZ INTERNATIONAL INC A COMMON STOCK USD CONSUMER STAPLES 991,564.19
SED MOODY S CORP COMMON STOCK USD.01 USD FINANCIALS 11,844,613.22
SED MOTOROLA SOLUTIONS INC COMMON STOCK USD.01 USD TELECOMMUNICATIONS 4,537,624.57
SED MSA SAFETY INC COMMON STOCK USD INDUSTRIALS 1,186,244.89
SED MSCI INC COMMON STOCK USD.01 USD FINANCIALS 6,073,317.10
SED MUENCHENER RUECKVER AG REG COMMON STOCK EUR FINANCIALS 1,746,545.89
SED MURATA MANUFACTURING CO LTD COMMON STOCK JPY TECHNOLOGY 2,873,252.03
SED NATIONAL GRID PLC COMMON STOCK GBP.1243129 GBP UTILITIES 6,588,935.72
SED NESTLE SA REG COMMON STOCK CHF.1 CHF CONSUMER STAPLES 5,465,028.83
SED NETFLIX INC COMMON STOCK USD.001 USD CONSUMER DISCRETIONARY 9,539,283.78
SED NEXTERA ENERGY INC COMMON STOCK USD.01 USD UTILITIES 6,303,963.69
SED NOVARTIS AG REG COMMON STOCK CHF.49 CHF HEALTH CARE 951,128.77
SED NOVO NORDISK A/S B COMMON STOCK DKK.1 DKK HEALTH CARE 2,053,779.64
SED NU HOLDINGS LTD/CAYMAN ISL A COMMON STOCK USD.000006667 USD FINANCIALS 3,774,418.53
SED NUTANIX INC A COMMON STOCK USD.000025 USD TECHNOLOGY 2,889,979.93
SED NVIDIA CORP COMMON STOCK USD.001 USD TECHNOLOGY 53,314,033.53
SED OLD DOMINION FREIGHT LINE COMMON STOCK USD.1 USD INDUSTRIALS 1,882,954.44
SED ORACLE CORP COMMON STOCK USD.01 USD TECHNOLOGY 10,773,626.54
SED OTIS WORLDWIDE CORP COMMON STOCK USD.01 USD INDUSTRIALS 4,441,138.72
SED PACKAGING CORP OF AMERICA COMMON STOCK USD.01 USD INDUSTRIALS 1,728,661.62
SED PALO ALTO NETWORKS INC COMMON STOCK USD.0001 USD TECHNOLOGY 4,326,635.57
SED PARKER HANNIFIN CORP COMMON STOCK USD.5 USD INDUSTRIALS 3,369,756.58
SED PARTNERS GROUP HOLDING AG COMMON STOCK CHF.01 CHF FINANCIALS 2,812,498.45
SED PEPSICO INC COMMON STOCK USD.017 USD CONSUMER STAPLES 3,911,905.47
SED PROCTER + GAMBLE CO/THE COMMON STOCK USD CONSUMER STAPLES 2,192,809.02
SED PROGRESSIVE CORP COMMON STOCK USD1.0 USD FINANCIALS 5,412,591.09
SED PROSUS NV COMMON STOCK EUR.05 EUR TECHNOLOGY 4,185,460.80
SED PRYSMIAN SPA COMMON STOCK EUR.1 EUR INDUSTRIALS 5,172,987.21
SED QUANTA SERVICES INC COMMON STOCK USD.00001 USD INDUSTRIALS 3,705,857.71
SED RECKITT BENCKISER GROUP PLC COMMON STOCK GBP.1 GBP CONSUMER STAPLES 1,786,339.80
SED RECRUIT HOLDINGS CO LTD COMMON STOCK JPY INDUSTRIALS 3,093,509.45
SED REDDIT INC CL A COMMON STOCK USD.0001 USD TECHNOLOGY 3,024,880.94
SED REGAL REXNORD CORP COMMON STOCK USD.01 USD INDUSTRIALS 3,805,744.53
SED RELX PLC COMMON STOCK GBP.00144397 GBP TECHNOLOGY 1,551,730.85
SED REPUBLIC SERVICES INC COMMON STOCK USD.01 USD UTILITIES 3,174,610.30
SED RIVIAN AUTOMOTIVE INC A COMMON STOCK USD.001 USD CONSUMER DISCRETIONARY 1,211,550.80
SED ROBLOX CORP CLASS A COMMON STOCK USD.0001 USD CONSUMER DISCRETIONARY 4,488,012.35
SED ROCHE HOLDING AG GENUSSCHEIN COMMON STOCK CHF HEALTH CARE 1,379,537.04
SED ROCKET LAB CORP COMMON STOCK USD INDUSTRIALS 1,220,036.50
SED ROLLINS INC COMMON STOCK USD1.0 USD CONSUMER DISCRETIONARY 4,956,634.15
SED ROPER TECHNOLOGIES INC COMMON STOCK USD.01 USD TECHNOLOGY 8,376,748.40
SED SAFRAN SA COMMON STOCK EUR.2 EUR INDUSTRIALS 8,296,099.84
SED SALESFORCE INC COMMON STOCK USD.001 USD TECHNOLOGY 3,726,750.50
SED SAMSARA INC CL A COMMON STOCK USD.0001 USD TECHNOLOGY 2,739,450.53
SED SANWA HOLDINGS CORP COMMON STOCK JPY INDUSTRIALS 1,630,387.54
SED SAP SE COMMON STOCK EUR TECHNOLOGY 12,074,283.05
SED SCHNEIDER ELECTRIC SE COMMON STOCK EUR4.0 EUR INDUSTRIALS 5,156,269.12
SED SCHWAB (CHARLES) CORP COMMON STOCK USD.01 USD FINANCIALS 7,263,847.58
SED SEKISUI HOUSE LTD COMMON STOCK JPY CONSUMER DISCRETIONARY 2,461,723.85
SED SHELL PLC COMMON STOCK EUR.07 GBP ENERGY 3,433,378.32
SED SHERWIN WILLIAMS CO/THE COMMON STOCK USD1.0 USD INDUSTRIALS 10,996,103.19
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SED SHOPIFY INC CLASS A COMMON STOCK USD TECHNOLOGY 8,414,383.72
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SED SIKA AG REG COMMON STOCK CHF.01 CHF BASIC MATERIALS 2,766,033.65
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SED SPOTIFY TECHNOLOGY SA COMMON STOCK EUR.000625 USD CONSUMER DISCRETIONARY 4,610,887.41
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SED SPS COMMERCE INC COMMON STOCK USD.001 USD TECHNOLOGY 1,925,166.61
SED STEEL DYNAMICS INC COMMON STOCK USD.005 USD BASIC MATERIALS 10,131,322.09
SED SUMITOMO MITSUI FINANCIAL GR COMMON STOCK JPY FINANCIALS 3,494,729.28
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SED SWISS RE AG COMMON STOCK CHF.1 CHF FINANCIALS 3,756,397.72
SED SYMBOTIC INC COMMON STOCK USD.0001 USD INDUSTRIALS 1,492,253.91
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SED SYNOPSYS INC COMMON STOCK USD.01 USD TECHNOLOGY 8,601,759.77
SED SYSCO CORP COMMON STOCK USD1.0 USD CONSUMER STAPLES 3,073,953.95
SED TAIWAN SEMICONDUCTOR MANUFAC COMMON STOCK TWD10.0 TWD TECHNOLOGY 9,359,907.41
SED TARGA RESOURCES CORP COMMON STOCK USD.001 USD ENERGY 2,001,845.59
SED TE CONNECTIVITY PLC COMMON STOCK USD.01 USD TECHNOLOGY 4,670,019.83
SED TENCENT HOLDINGS LTD COMMON STOCK HKD.00002 HKD TECHNOLOGY 8,544,744.15
SED TERUMO CORP COMMON STOCK JPY HEALTH CARE 1,769,892.16
SED TEXAS INSTRUMENTS INC COMMON STOCK USD1.0 USD TECHNOLOGY 4,785,404.30
SED THERMO FISHER SCIENTIFIC INC COMMON STOCK USD1.0 USD HEALTH CARE 4,140,466.19
SED TITAN CO LTD COMMON STOCK INR1.0 INR CONSUMER DISCRETIONARY 1,499,891.16
SED TJX COMPANIES INC COMMON STOCK USD1.0 USD CONSUMER DISCRETIONARY 15,373,330.07
SED TOKYO ELECTRON LTD COMMON STOCK JPY TECHNOLOGY 2,292,589.80
SED TOPBUILD CORP COMMON STOCK USD INDUSTRIALS 1,586,303.16
SED TRADE DESK INC/THE CLASS A COMMON STOCK USD.000001 USD CONSUMER DISCRETIONARY 1,915,408.85
SED TRANE TECHNOLOGIES PLC COMMON STOCK USD1.0 USD INDUSTRIALS 3,968,347.49
SED TWILIO INC A COMMON STOCK USD.001 USD TECHNOLOGY 1,979,454.81
SED UNILEVER PLC COMMON STOCK GBP.00031111 GBP CONSUMER STAPLES 8,749,942.86
SED UNITEDHEALTH GROUP INC COMMON STOCK USD.01 USD HEALTH CARE 5,304,064.56
SED VERALTO CORP COMMON STOCK USD.01 USD INDUSTRIALS 4,372,235.75
SED VERISK ANALYTICS INC COMMON STOCK USD.001 USD INDUSTRIALS 2,712,430.83
SED VERTEX PHARMACEUTICALS INC COMMON STOCK USD.01 USD HEALTH CARE 932,852.13
SED VERTIV HOLDINGS CO A COMMON STOCK USD.0001 USD TECHNOLOGY 6,018,042.19
SED VESTAS WIND SYSTEMS A/S COMMON STOCK DKK.2 DKK ENERGY 3,099,975.20
SED VISA INC CLASS A SHARES COMMON STOCK USD.0001 USD INDUSTRIALS 18,672,800.80
SED WARNER BROS DISCOVERY INC COMMON STOCK USD CONSUMER DISCRETIONARY 656,473.47
SED WASTE MANAGEMENT INC COMMON STOCK USD.01 USD UTILITIES 11,966,751.80
SED WATTS WATER TECHNOLOGIES A COMMON STOCK USD.1 USD INDUSTRIALS 1,587,906.48
SED WILLIS TOWERS WATSON PLC COMMON STOCK USD.000304635 USD FINANCIALS 1,712,903.96
SED WOLTERS KLUWER COMMON STOCK EUR.12 EUR INDUSTRIALS 3,139,800.14
SED WORKIVA INC COMMON STOCK USD.001 USD TECHNOLOGY 1,712,999.73
SED WORLDLINE SA COMMON STOCK EUR.68 EUR INDUSTRIALS 36,786.87
SED XYLEM INC COMMON STOCK USD INDUSTRIALS 3,510,433.75
SED ZEBRA TECHNOLOGIES CORP CL A COMMON STOCK USD.01 USD INDUSTRIALS 2,062,542.28
SED ZHEJIANG SANHUA INTELLIGEN A COMMON STOCK CNY1.0 CNY INDUSTRIALS 2,689,759.91
SED ZOETIS INC COMMON STOCK USD.01 USD HEALTH CARE 4,783,321.95
1,353,169,811.01